Dear all,
For a labeled DCE based on three screening tests (called blood, stool, and combi) and an opt-out option I used a survey that was based on 3 blocks of 12 choice sets. Based on 3 utility functions with alternative specific parameters I could only estimate 11 parameters for each utility function (not 13 in the first and 9 in the second). My first question is: canthis be explained by the use of 12 choices per repsondents? In other words, increasing the number of blocks doesn't help to increase the number of parameters that can be estimated in a specific utility function, does it? But increasing the choice sets does?
Second, suppose that I have the option to use 600 respondents in the DCE. In this case, I would like to know if it would be useful to use 6 blocks of 12 choice tasks (instead of 3) given that the model doesn't change. Would Nlogit be better able to estimate random parameters with such a design?
Kind regards,
Tim Benning